scholarly journals The Relationship between Interest Rates, Income, GDP Growth and House Prices

2017 ◽  
Vol 2 (1) ◽  
pp. 30 ◽  
Author(s):  
Ting Xu
Keyword(s):  
Interest Rate ◽  
Real Estate ◽  
Interest Rates ◽  
House Prices ◽  
Gdp Growth ◽  
The Real ◽  
The Real Estate ◽  
Control Power ◽  
The Relationship

<em>This paper will analyse the relationship between interest rate, income, GDP growth and house prices. First, the control power of interest rate for the prices is limited. Second, people’s income increases, thus that also increases the demand for housing. But house prices are too high and will cause buying pressure. Third, the real estate industry’s growth and GDP growth have inseparable relationship, they interact with each other.</em>

scholarly journals Real estate boom in Chile and fundamentals on house prices

2020 ◽  
Vol 6 (1) ◽  
pp. 1-26
Author(s):  
C. Aguilera Alvial
Keyword(s):  
Real Estate ◽  
Interest Rates ◽  
Structural Breaks ◽  
House Prices ◽  
Housing Prices ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Integration Test ◽  
The Real Estate Market

This article studies the fundamentals of housing prices based on the Real Index of Housing Prices (IRPV), given that in recent times in Chile there has been a sustained increase in price levels and seeks to find evidence on the existence of a possible speculative bubble in the real estate market. Following the methodology of various Chilean and international authors, the Engle & Granger Co-integration methodology was applied. Furthermore, the results of the previous methodology were compared using the Johansen Co-integration test. Then a method to find structural breaks is applied. As a result, evidence is found to not reject the existence of a bubble in the real estate market. It is found that only interest rates co-integrate in the long term with the evolution of house prices, while the other fundamentals present a spurious relationship.

scholarly journals The Impacts in Real Estate of Landscape Values: Evidence from Tuscany (Italy)

2021 ◽  
Vol 13 (4) ◽  
pp. 2236
Author(s):  
Francesco Riccioli ◽  
Roberto Fratini ◽  
Fabio Boncinelli
Keyword(s):  
Real Estate ◽  
House Prices ◽  
Spatial Econometric ◽  
The Real ◽  
The Real Estate ◽  
Landscape Values ◽  
Individual Perception ◽  
Real Estate Prices ◽  
The Aesthetic ◽  
The Individual

Using spatial econometric techniques and local spatial statistics, this study explores the relationships between the real estate values in Tuscany with the individual perception of satisfaction by landscape types. The analysis includes the usual territorial variables such as proximity to urban centres and roads. The landscape values are measured through a sample of respondents who expressed their aesthetic-visual perceptions of different types of land use. Results from a multivariate local Geary highlight that house prices are not spatial independent and that between the variables included in the analysis there is mainly a positive correlation. Specifically, the findings demonstrate a significant spatial dependence in real estate prices. The aesthetic values influence the real estate price throughout more a spatial indirect effect rather than the direct effect. Practically, house prices in specific areas are more influenced by aspects such as proximity to essential services. The results seem to show to live close to highly aesthetic environments not in these environments. The results relating to the distance from the main roads, however, seem counterintuitive. This result probably depends on the evidence that these areas suffer from greater traffic jam or pollution or they are preferred for alternative uses such as for locating industrial plants or big shopping centres rather than residential use. Therefore, these effects decrease house prices.

scholarly journals A representação da cozinha como elemento do produto imobiliário na cidade de Vitória entre as décadas de 1950 a 1970/The representation of the kitchen as element of the real estate product in the city of Vitoria between the decades of 1950 to 1970

2017 ◽  
pp. 94-108
Author(s):  
Erick Alessandro Schunig F ◽  
Paulo Cesar Scarin
Keyword(s):  
Real Estate ◽  
Urban Space ◽  
Way Of Life ◽  
The Real ◽  
The Real Estate ◽  
Qualitative Survey ◽  
The 1950S ◽  
The Relationship ◽  
The City ◽  
The Way

As transformações do espaço urbano vêm introduzindo novos padrões que revelam elementos da dinâmica capitalista. Nesse aspecto, o apartamento residencial é apresentado como um produto dotado de novos conceitos em sintonia com as mudanças do capitalismo. Este estudo tem como objetivo desenvolver uma análise sobre as propagandas imobiliárias na cidade de Vitória, entre as décadas de 1950 a 1970, no qual identificamos as estratégias do setor da construção imobiliária em relação a cozinha como item diferencial do imóvel e inserido no sistema de produção da sociedade de consumo.ABSTRACTThis study aims to develop an analysis of the kitchen of the residential apartments in the city of Vitoria, between the 1950s and 1970s, as a space connected to the transformations promoted by capitalism. It was carried out a qualitative survey of advertisements published in a newspaper, as well as the use of authors who approach the relationship between the production of the urban space and the food. From this analysis, it was possible to verify that the transformation in the kitchen is indicative of the way of life established by the Brazilian urbanization during this period.Keywords: Kitchen; Urban space; Advertising.

scholarly journals CONSTRUCTION COST AND THE GROWTH IN SUPPLY OF REAL ESTATE HOUSING IN KENYA

2016 ◽  
Vol 1 (1) ◽  
pp. 56
Author(s):  
Samuel Mungai Ngugi ◽  
Dr. Lucy Wamugo
Keyword(s):  
Real Estate ◽  
Interest Rates ◽  
Low Income ◽  
Building Materials ◽  
Construction Cost ◽  
Real Estate Market ◽  
Primary Data ◽  
High Interest Rate ◽  
The Real ◽  
The Real Estate

Purpose: The main purpose of this study was to establish the effects of construction cost on the growth in supply of real estate housing in Kenya. Methodology: The study adopted a descriptive research design. The target population was 78 registered real estate companies in Kenya. The sample size was therefore 39 registered real estate companies in Kenya. Primary data was collected through the administration of the questionnairesResults: The study found that finance cost, cost of building materials, cost of land and tax cost have a statistical and negative influence on the growth of supply of real estate housing. The study also concludes that increase in growth of real estate market despite the high interest rate could owe to the price inelastic demand for housing owing to economic disparity in the country. While low income earners, who are majority, are pushed away to less glossy and crowded homes where survival supersedes luxury, the upper middle income purchase of housing units is on the upward spiral.Unique contribution to theory, practice and policy: The study recommended that the government should lower interest expenses so as to encourage the increase in supply of affordable real estate housing. The bank should also lower their interest rates so that the real estate firms can be able to increase the supply of housing. The study also recommends that investors should consider investing in the real estate market despite the erratic interest rates.

EFFECTS OF INTEREST RATES ON THE PERFORMANCE OF REAL ESTATE INDUSTRY IN KENYA: A CASE OF NAIROBI COUNTY

2017 ◽  
Vol 2 (6) ◽  
pp. 35
Author(s):  
Edwin Kamweru ◽  
Mr. Ngui Mr. Ngui
Keyword(s):  
Real Estate ◽  
Interest Rates ◽  
Significant Relationship ◽  
Positive Relationship ◽  
Gdp Growth ◽  
Real Estate Industry ◽  
Monetary Policies ◽  
The Real Estate ◽  
Long Run ◽  
The Government

Purpose: The study sought to determine the effects of interest rates on the performance of real estate industry in Kenya: A case of Nairobi county.Methodology: The study adopted a descriptive survey research design.Results: The study findings revealed that lending interest rates had a negative and significant relationship with real estate growth in Nairobi. The findings show that deposit interest rates were insignificantly related to growth of the real estate firm in Nairobi. The long run model findings also revealed that overdraft interest rates had a significant relationship with real estate growth in Nairobi. The findings revealed that inflation had a negative and significant relationship with performance of real estate firms in Nairobi. GDP growth was found to have a positive relationship with the performance of real estate firms though the relationship was insignificant.Unique contribution to theory, practice and policy: The study findings revealed that lending interest rates have a negative and significant relationship with real estate growth in Nairobi. The study recommends that the CBK should implement monetary policies that aim to reduce the lending interest rates that financial institutions charge on lending so as to bring stability in the industries including real estate industry. The study recommends that the Central bank of Kenya as well as the Treasury should come up with monetary policies to regulate the rate of volatility in inflation rate in the long run since long term investors in real estate are likely to suffer loses if the economy is characterized by unstable rates of inflation. The study findings also indicated that GDP growth has a positive relationship with the performance of real estate firms in the long run. The study recommends that the government should reexamine the strategies and policies that aim to spur GDP growth.

Sale or gratuitous transfer? Conveyance of family estates in a manufacturing village: Lumezzane in the eighteenth and nineteenth centuries

2008 ◽  
Vol 23 (3) ◽  
pp. 429-455 ◽  
Author(s):  
PAOLO TEDESCHI
Keyword(s):  
Real Estate ◽  
Credit Market ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Alpine Regions ◽  
Competitive Price ◽  
The Real Estate Market ◽  
Eighteenth And Nineteenth Centuries ◽  
The Relationship

ABSTRACTThis article illustrates various characteristics of the real-estate market in Lumezzane, a village in the Lombard Prealps between the eighteenth and the nineteenth centuries. It reveals the types of property sold, the objectives of the buyers and sellers, the prices paid and, in some cases, the credit arrangements undertaken. The research indicates the relationship between the credit market and the type of manufacture in the region. Particular institutions, most notably religious foundations known as the Luoghi Pii, as well as private individuals, provided capital to artisans in the absence of banks. This availability of credit at favourable rates allowed artisans to produce manufactured goods at a competitive price even in difficult economic times. The importance of industry in the region both influenced strategies of inheritance and limited the need for the type of out-migration that characterized most Alpine regions during the period.

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